Bangladesh Garment manufacturers exporters News readymade garments, T-shirts, Polo Shirts, Pant, Trousars, Shirt, Woven Items, Knited Items, Kids, Ladies, Mans Garmens

global financial crisis Likely impact on Bangladesh

Admin — Sun, 09 Nov 2008 07:31:03 +0000

The stock price plunge and severe credit crunch we are watching today in global financial markets are byproducts of the developments in the US six years ago. In late 2001, fears of global terror attacks after 9/11 shook an already struggling US economy, one that was just beginning to come out of the recession induced [...]

Garment Workers’ Demand Fortnight begins

Admin — Sun, 09 Nov 2008 07:29:10 +0000

Garment Workers’ Demand Fortnight is being observed from November 8 to 22. The demand includes wage compatible with market price, 50 percent dearness allowance, factory-based rationing system, right to trade union and residence and withdrawal of false cases against the workers. At a press conference in the city yesterday, Bangladesh Garment Workers Trade Union Centre (BGWTUC) announced [...]

Productivity stressed for RMG industry

Admin — Sun, 09 Nov 2008 07:26:47 +0000

Textile experts yesterday advised Bangladeshi entrepreneurs to take initiatives to enhance productivity and the quality of goods if they want to exploit potential for the garment industry. The apparel industry has flourished in Bangladesh, but real gains will erode if the industry does not address a few crucial issues such as low productivity, inconsistent quality and [...]

Improve skill, productivity to face global recession

Admin — Sun, 09 Nov 2008 07:24:45 +0000

Improvement of efficiency and productivity is the key for the garment industry to survive at this time of global financial recession, economists and exporters said at a seminar yesterday. They said no adverse impact was noticed as yet in the export of Bangladeshi garment items following the global financial meltdown. “No adverse effect is foreseeable and the [...]

Exporters take $59m in spot orders at Batexpo

Admin — Sun, 09 Nov 2008 07:23:24 +0000

Garment Workers’ Demand Fortnight begins

Admin — Sun, 09 Nov 2008 07:21:23 +0000

Workers’ festival celebrated with high hopes

Admin — Sun, 09 Nov 2008 07:19:20 +0000

The first-ever ‘Workers’ Festival 2008′ was celebrated in the country with participation of huge numbers of garment workers in a festive mood with their hopes high at Osmani Stadium in Narayanganj yesterday. Bangladesh Knitwear Manufactures and Exporters Association (BKMEA) President Fazlul Haque formally inaugurated the festival by releasing pigeons. BKMEA organised the programme with an aim to [...]

Apparel industry unveils ambitious target for export

Admin — Sun, 09 Nov 2008 07:17:57 +0000

Bangladesh apparel-industry leaders yesterday unveiled an ambitious export target of US $ 25 billion and additional 2 million jobs in next five years, keeping well in mind the impacts of possible long-term recession following the recent global financial crisis. “ We have proved ourselves as a strong player in the apparel sector so far and have [...]

RMG in shadows of global turmoil

Admin — Sun, 09 Nov 2008 07:17:09 +0000

The global financial turmoil seems to have weighed on Bangladesh’s lifeline, garments, as orders are being deferred by buyers from the countries, where stores have reported declining sales. Exporters have also said buyers are trying to cut down costs of imports to cope with a slump in consumer confidence. “Generally, September is a golden month for knitwear [...]

Exporters see silver lining

Admin — Sun, 09 Nov 2008 07:15:46 +0000

Garment exporters and major buyers say the global economic crisis will not affect Bangladesh’s readymade garment sector as it exports mainly basic products. “Buyers will flock to Bangladesh for cheaper RMG products as major competitors such as China, India and Vietnam make mainly high-end garments,” said an official of a buying house, requesting anonymity. He said the [...]